Caesars Entertainment (NASDAQ:CZR) Director Sells $1,055,951.37 in Stock

Caesars Entertainment, Inc. (NASDAQ:CZR) Director Michael Pegram sold 36,027 shares of the company’s stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $29.31, for a total transaction of $1,055,951.37. Following the sale, the director directly owned 91,697 shares of the company’s stock, valued at $2,687,639.07. The trade was a 28.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Caesars Entertainment Price Performance

Caesars Entertainment stock opened at $29.49 on Friday. Caesars Entertainment, Inc. has a 52-week low of $17.86 and a 52-week high of $31.58. The firm has a market capitalization of $6.01 billion, a price-to-earnings ratio of -12.44 and a beta of 1.77. The company has a fifty day simple moving average of $27.88 and a 200-day simple moving average of $25.16. The company has a quick ratio of 0.83, a current ratio of 0.85 and a debt-to-equity ratio of 3.25.

Caesars Entertainment (NASDAQ:CZR) last announced its quarterly earnings results on Tuesday, April 28th. The company reported ($0.48) earnings per share for the quarter, missing the consensus estimate of ($0.24) by ($0.24). The firm had revenue of $2.87 billion for the quarter, compared to analyst estimates of $2.85 billion. Caesars Entertainment had a negative net margin of 4.19% and a negative return on equity of 7.88%. The company’s revenue was up 2.7% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.54) EPS. On average, equities analysts anticipate that Caesars Entertainment, Inc. will post -0.49 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of CZR. Hantz Financial Services Inc. lifted its position in Caesars Entertainment by 110.6% in the third quarter. Hantz Financial Services Inc. now owns 971 shares of the company’s stock valued at $26,000 after buying an additional 510 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its position in Caesars Entertainment by 456.7% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,119 shares of the company’s stock valued at $26,000 after buying an additional 918 shares during the last quarter. Sunbelt Securities Inc. lifted its position in Caesars Entertainment by 181.6% in the third quarter. Sunbelt Securities Inc. now owns 1,042 shares of the company’s stock valued at $28,000 after buying an additional 672 shares during the last quarter. CoreCap Advisors LLC lifted its position in Caesars Entertainment by 44.6% in the fourth quarter. CoreCap Advisors LLC now owns 1,581 shares of the company’s stock valued at $37,000 after buying an additional 488 shares during the last quarter. Finally, Stance Capital LLC acquired a new position in Caesars Entertainment in the third quarter valued at about $43,000. Institutional investors and hedge funds own 91.79% of the company’s stock.

Trending Headlines about Caesars Entertainment

Here are the key news stories impacting Caesars Entertainment this week:

• Positive Sentiment: Caesars highlighted promotional and brand-building activity, including an exclusive CZR Exchange VIP event tied to the Monaco Grand Prix, which may support customer engagement and awareness. CZR Exchange Hosts Exclusive VIP Trading Community Experience During Monaco Grand Prix 2026
• Neutral Sentiment: Shareholders approved directors, executive compensation, and the auditor at the annual meeting, which removes some governance uncertainty but is not a major operating catalyst.
• Negative Sentiment: Multiple law firms are investigating Caesars Entertainment over the fairness of its proposed sale to Fertitta Entertainment, creating a legal and deal-related overhang for CZR. Shareholder Alert: Ademi LLP investigates whether Caesars Entertainment, Inc. is obtaining a Fair Price for Public Shareholders
• Negative Sentiment: Recent insider selling by executives and directors, including large share disposals by Edmund Quatmann Jr. and Michael E. Pegram, may be pressuring sentiment because it can signal reduced confidence at current levels.
• Negative Sentiment: Analyst sentiment remains cautious, with the stock carrying a consensus “Hold” rating and no fresh bullish catalyst to offset the litigation and insider-sale concerns.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on CZR. Barclays lowered their price target on shares of Caesars Entertainment from $39.00 to $35.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 18th. Truist Financial cut shares of Caesars Entertainment from a “buy” rating to a “hold” rating and lowered their price target for the company from $32.00 to $31.00 in a research report on Friday, May 29th. Morgan Stanley boosted their price target on shares of Caesars Entertainment from $32.00 to $34.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 8th. Citizens Jmp boosted their price target on shares of Caesars Entertainment from $34.00 to $35.00 and gave the company a “market outperform” rating in a research report on Wednesday, April 29th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and set a $31.00 price target (down from $35.00) on shares of Caesars Entertainment in a research report on Friday, May 29th. Five equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Caesars Entertainment presently has an average rating of “Hold” and an average target price of $32.80.

Caesars Entertainment Company Profile

Caesars Entertainment Corporation is a leading integrated gaming and hospitality company headquartered in Las Vegas, Nevada. The company owns and operates a global portfolio of resorts, casinos, and entertainment venues designed to deliver comprehensive hospitality experiences. Its business activities span hotel accommodations, gaming operations, food and beverage services, live events, and convention services, with a focus on delivering luxury and entertainment to both leisure and business travelers.

The company traces its lineage to the founding of Harrah’s by William F.